Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 61% | 63% | -3.1% |
Shorts | 39% | 37% | 4.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Buy |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
Since Thursday, the XAU/USD exchange rate has been testing the resistance level—the monthly PP at 1,909.29.
It is likely that yellow metal could gain support from the 55-, 100– and 200-hour SMAs in the 1,901.30/1,908.00 area. Thus, some upside potential could prevail in the market.
However, if the predetermined resistance holds, the rate could reverse south and re-test the psychological level at 1,890.00 in the short term.